Retail transaction in Motala

Pangea adviser to Fastator in the acquisition of central shopping centre

At end of December, it was announced that Agora, owned by Klövern, sold the property Plåtslagaren 7 in central Motala. The retail property is known as ‘Gallerian’ and has a lettable area of approximately 12,000 sqm, including parking. The largest tenants are Akademibokhandeln, H&M, Team Sportia, Lindex and Gina Tricot.

Pangea Property Partners was buy-side adviser to Fastator in the transaction. In 2018, we advised on more than 50 transactions and advisory mandates with an underlying property value above SEK 27 billion, including a number of major deals in December.